Wall Street Bullish on Constellation Energy Corporation (CEG), Here’s What You Need to Know
Constellation Energy Corporation (NASDAQ:CEG) is one of the Unstoppable Growth Stocks to Invest In According to Reddit.
Wall Street has a positive opinion on Constellation Energy Corporation (NASDAQ:CEG), with 86% of the 21 analysts covering the stock having a Buy rating. Moreover, the analyst’s 12-month average price target suggests 33% upside from the current level.
Recently, on April 13, Barclays reiterated a Buy rating on the stock with a price target of $360. On the same day, James Thalacker from BMO Capital reiterated a Buy rating on the stock with a price target of $386.
Earlier, on March 31, Constellation Energy Corporation (NASDAQ:CEG) held its 2026 business and earnings outlook conference call. Management noted that the company’s base earnings trajectory reflects growth of more than 20% through 2030. Moreover, the company also noted that it has significant flexibility and can add up to 9,300 megawatts of capacity through licensing extension, incremental generation, and customer-focused demand solutions.
Although BMO Capital has recently retained its price target of $386, this comes after the company lowered the price target from $410 on April 4. The firm noted that they were disappointed with the outlook as management didn’t include new long-term or above-market large load contracts. However, the firm still finds the outlook constructive and remains confident in management’s ability to execute on the goals.
Constellation Energy Corporation (NASDAQ:CEG) is the largest producer of carbon-free energy in the U.S., generating and selling electricity and natural gas to commercial, industrial, and residential customers. They operate a massive fleet of nuclear, wind, solar, and hydro assets, and provide energy management services and sustainable solutions.
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